SPC Nationwide Limited - Filleted accounts

Registered number

08874176

SPC Nationwide Limited

Filleted Accounts

28 February 2026

SPC Nationwide Limited
Registered number:		08874176
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		2,902			3,627

Current assets
Stocks		15,445			12,569
Debtors	4	22,545			16,137
Cash at bank and in hand		35,163			44,730
		73,153			73,436

Creditors: amounts falling due within one year	5	(10,618)			(9,715)

Net current assets			62,535			63,721

Total assets less current liabilities			65,437			67,348

Creditors: amounts falling due after more than one year	6		-			(2,226)



Net assets			65,437			65,122

Capital and reserves
Called up share capital			1			1
Profit and loss account			65,436			65,121

Shareholder's funds			65,437			65,122

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr L Jones
Director
Approved by the board on 18 March 2026

SPC Nationwide Limited
Notes to the Accounts
for the year ended 28 February 2026



1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.



	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			1		-


3	Tangible fixed assets
		Plant and machinery etc		0		Total
£			£		£
	Cost
	At 1 March 2025	4,441		6,817		11,258
	At 28 February 2026	4,441		6,817		11,258

	Depreciation
	At 1 March 2025	3,493		4,138		7,631
	Charge for the year	189		536		725
	At 28 February 2026	3,682		4,674		8,356

	Net book value
	At 28 February 2026	759		2,143		2,902
	At 28 February 2025	948		2,679		3,627


4	Debtors			2026		2025
£					£

	Trade debtors			22,545		16,137






5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			900		-
	Corporation tax			9,718		9,715
				10,618		9,715


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		2,226


7	Other information

	SPC Nationwide Limited is a private company limited by shares and incorporated in England. Its registered office is:
	5 Church Road South
	Woolton
	Liverpool
	L25 7RJ